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Today's Mortgage Terms starting with R Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate. View all Terms

Allen mortgage rates news:

Mortgage rates dip, but cash is still king - Herald Tribune
The drop in mortgage rates during the past week is bringing out fresh buyers to a tired real estate market, but only a few of them are scoring. Rates hovering at 5.38 percent are drawing some fence-sitters with good credit who figure rates are not ...

A bedside guide for Henry Paulson - Asia Times
It was the unique genius of Woody Allen that turned Dr David Reuben's daring (for the time, anyway) 1969 question-and-answer book, Everything You Always Wanted to Know About Sex (but were afraid to ask) into a 1972 skit comedy film. To illustrate the ...

Lower US mortgage rates offer hope to Main Street - FXStreet.com
CINCINNATI, Nov 26 (Reuters) - For Cincinnati mortgage broker Greg Humphrey, the Federal Reserve's move to help homebuyers on Tuesday came just in time to save one client a pile of money -- and he hopes it will be a lifeline for others. "We were ...

Berkeley economist to head Obama economic council - Politico.com
President-elect Obama plans to name Christina Romer, an expert on tax cuts and recessions who is an economics professor at the University of California at Berkeley, to chair his Council of Economic Advisers, aides said. This should come in handy ...

Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free Press
A sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...

Hanover Affordable Housing Has Tenants - Valley News
Affordable housing generally means that qualified renters or buyers pay no more than 30 percent of their income in rent or mortgage. Many of the families qualifying for the affordable apartments and townhouses at Gile Hill earn between $22,000 and ...

Jobless rate tells only part of story - Atlanta Journal Constitution
Recent state and local unemployment figures have been sobering, and gloomy U.S. numbers are due again this week. But the most-quoted jobless numbers are telling only part of the story. Case in point is Kristie Allen, 33, of McDonough, who doesn’t ...

Opinion divided on Federal Reserve's lending programme - Gulf News
Economic historians consider the recent actions of the US Federal Reserve as strange. "Very, very unusual," says Allen Sinai, chief economist of Decision Economics, an economic consulting firm. "Unprecedented ... uncharted." The nation's central bank ...

It's official: U.S. is in a recession - San Jose Mercury News
Dec 1: Manufacturing index drops to 26-year low Cassidy: The economic ripples continue Dow plunges nearly 700 points Dec 1: Dow plunges nearly 700 points Bernanke: Lower interest rates 'feasible' Bush: 'I'm sorry' about economic crisis October ...

Letters, 11/25: Face the consequences - Lincoln Journal Star
Why should homeowners who are behind on their mortgage payments be helped by the government or banks to avoid foreclosure? If you are going to spend money you don’t have, you should have to suffer the consequences. My parents have made every ...